FutureTech II Acquisition (FutureTech II Acquisition) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is FutureTech II Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FutureTech II Acquisition's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. FutureTech II Acquisition's Operating Income for the three months ended in Mar. 2024 was $ -0.31 Mil. FutureTech II Acquisition's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. FutureTech II Acquisition has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

FutureTech II Acquisition Interest Expense Historical Data

The historical data trend for FutureTech II Acquisition's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FutureTech II Acquisition Interest Expense Chart

FutureTech II Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

FutureTech II Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-	-	-	-	-

FutureTech II Acquisition Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

FutureTech II Acquisition (NAS:FTII) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FutureTech II Acquisition's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

FutureTech II Acquisition's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

FutureTech II Acquisition had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

FutureTech II Acquisition (FutureTech II Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FutureTech II Acquisition Corp (NAS:FTII) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Gail Drive, New Rochelle, NY, USA, 10805

Website

FutureTech II Acquisition Corp is a blank check company.

Executives

Ray Lei Chen	director, officer: Chief Executive Officer & CFO	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc	10 percent owner	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage	director	C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush	director	1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi	director	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang	director, 10 percent owner, officer: Chief Executive Officer	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley	director	1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall	director, officer: Chief Financial Officer	42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480

FutureTech II Acquisition (FutureTech II Acquisition) Headlines

From GuruFocus

FutureTech II Acquisition Corp. Confirms Funding and Extension of Period to Complete Initial Business Combination

By sperokesalga sperokesalga • 05-17-2023

FutureTech II Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants

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